Apple's next product launch will be a wearable health-monitoring device, says the Nikkei Asian Review, with the company looking to take the lead in the growing healthcare sector.

At their WWDC event this week, the company announced iOS 8, which will power the coming wearable, as well as the iPhone and iPad, of course. The new wearable will manage users' biometric info via your smartphone, including calories, heart rate, blood glucose and more.

If true, the device should hit in October, when Apple is known to release new products.

Sources claim the wearable will have a curved OLED touchscreen, collect health-related data, and read messages and emails. Apple is rumored to have partnered with the Mayo Clinic and other U.S. health institutes to develop customized ways to analyze the data and apply it to health management. Additionally, the company is said to have partnered with Nike, who is shutting down their Nike Fuel division, and will be integrating their service in with Apple's.

Supply chain sources claim Apple wants monthly commercial output of 3-5 million units, suggesting they feel they already have a hit on their hands.